80 COLES Court
About This Property
When you arrive at this home on a private cul de sac of two homes, you will immediately take note of the privacy factor. Property has a beautiful privacy wall and an electric gate with keypad. As you enter the gate, you will be impressed with the paver stone driveway and expansive manicured lot. This home boasts ten-foot ceilings throughout this open floorplan. Your new kitchen is flanked with 42'' cabinets, glass tile backsplash, granite, and Thermador appliances. Large island and walk in pantry complete this chef's kitchen. Screened lanai with travertine floors. Trayed ceilings in the master bedroom with large walk in closet. Your master en suite has separate vanities and a walk-in rain shower and seamless glass. See attached features sheet for additional upgrades.
This home was built as a guest house and there is an approved plan for an addition to the guest home and the slab has already been poured. This property also includes complete plans for a main home to be built on the property if you choose to do so. This is a great opportunity to own you very own compound.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017